1260 California Street, Redding, CA 96001 (MLS # 26-60)

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PRICE $1,349,000 SIZE 8,897 sqft LOT SIZE 12,633 sqft Request More Info Schedule a Showing

Prime downtown Redding multi-tenant commercial investment located at the hard corner of California Street and Shasta Street, within the city's active redevelopment corridor. Approximately 8,237 rentable square feet across three units, featuring stabilized in-place income, near-term upside, and flexible modified-gross leases. Strong tenant mix, modernized interiors, and immediate proximity to parking, dining, and downtown amenities make this a compelling opportunity for investors or owner-users. The property consists of three commercial suites totaling approximately 8,237 rentable square feet, including two occupied units with established local tenants and one vacant unit offering immediate leasing or owner-user opportunity. Existing leases are structured as modified gross, providing operational simplicity while allowing for future rent growth as downtown activity continues to strengthen. The building benefits from prominent street frontage, excellent visibility, and walkable access to restaurants, retail, and civic anchors. Recent interior and exterior improvements enhance tenant appeal while preserving long-term flexibility for a variety of commercial uses, including retail, office, creative, or service-oriented tenants. This offering presents an attractive blend of current income, future upside, and optionality in one of Redding's most desirable downtown locations, suitable for local investors, 1031 exchange buyers, or owner-users seeking partial occupancy with supplemental income.